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On January 1, 2021, Queen of Thorns Corporation issued a $1,500,000 mortgage note to finance the purchase of a new greenhouse to expand its floral
On January 1, 2021, Queen of Thorns Corporation issued a $1,500,000 mortgage note to finance the purchase of a new greenhouse to expand its floral capacity. The 10-year, 5% not requires annual payments of $194,257 at the end of each year. What is the amount of interest expense on the mortgage note that Queen of Thorns should recognise in 2022?
Question Completion Status Close Window Moving to the next question prevents changes to this answer Question 1 of 10 Question 1 10 points On Jonery B.2021. Queen of Thor Corporation $mortgage note to face the purchase of a new greenhouse to expand its floral capacity. The 10 or not require annual payments of $294.257 at the end of each yearWhat is the amount of more on the mortgage rate the wen of Thorns should recognize in 20227 509037 5913 175.000 $6527 A. Moins to the next question prevent changes to this Question 1 of 10 Wito Step by Step Solution
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